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lena_vf
Apr 27, 2021 2:16 PM

SQ Long  Long

Block, Inc.NYSE

Description

William Alligator: the stock is currently in a bullish position because the candlesticks are above the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.

RSI: the line is under 70, so the stock is not overbought.

Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.

Overall: it can be interesting to take a buy position on this stock because the indicators indicate that the price is increasing. Entry price is higher than the current price for assurance and stop loss is set at -5%.
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